SAN FRANCISCO: Hewlett Packard Co rebuffed a request by former Autonomy chief executive Mike Lynch to detail accusations of accounting fraud levelled against the British software company and its former executives, and challenged Lynch to submit to questions under penalty of perjury.
HP was responding to an open letter that Lynch shot to HP’s board on Tuesday, asking for specifics of the US company’s allegations that Lynch and former Autonomy executives inflated revenue and gross margins, which HP said last week forced it to take an US$8.8bil (RM26.4bil) writedown on Autonomy’s value.